1900 116th Avenue NE Unit #100/1, Bellevue, WA 98004

$3,695,950

Listing courtesy of TEC Real Estate Inc..

List Price
$3,695,950
Status
ACTIVE
MLS#
1768708
Days on Market
42

Property Description

Exceptional Investment Oportunity. Prime Northwest Medical Building Suite #100 & #101 With 4,526 Space, Backed By 6 Years Of Lease With 2% Annual Increase. Zoned BR-MO (Bel-Red Medical Office).The Northwest Medical Building Commercial Condo Comprised 4 Units On Two Floors. Fully Tenanted With Separate Ownerships. Strategically Located Within Bellevue 116th Medical Corridor, Two Lower Floor Suites Separate Entry Is Ideally Situated, Easy Access To All Amenities. With 30 Ground Ample Parking Spaces, Ratio Of 3.67/1000 SF, 53 Walk Score & 48 Transit Score. Professionally Manage With 5.09% Cap Rate. Building Age is 1979,Refurbish In 2013. Median Household Income Of $150,000 Within 5 Miles Radius. Exceptional Bellevue Medical Corridor Investment

Additional Information

Community
Downtown
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
1979
# of Assigned Spaces
30
Roof
Composition
Tax Year
2021
HOA Dues
$3,547
Potential Terms
Cash Out, Conventional
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